Best Ways to Make Money with Flutterwave

Do you know that there are several ways to make money with Flutterwave? Absolutely! Flutterwave provides many benefits for businesses, and along with these benefits comes the opportunity to make money. However, in order to utilize this opportunity and earn a steady income for yourself, you need to first understand how flutterwave works.

Without much delay, we will look deeply into what Flutterwave is about and by the end of this article, you will be able to open an account, know the the best ways to make money with Flutterwave amongst others. So let’s get started!

About Flutterwave

Flutterwave was founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji. It is a Fintech company that provides payment processing services that allow businesses to collect payments from anywhere in the world. In addition, it was founded to solve the problem of payment system fragmentation in Africa by building a digital payments infrastructure that can connect to all payment solutions in the continent to bring about “a new wave of prosperity across Africa”.

How To Contact Flutterwave

Email: hi@flutterwavego.com

Phone: +234 201-8889595

Dail: 0700-FLUTTERWAVE

Recommended: How Does Flutterwave Work? (All You Need to Know About Flutterwave)

How Long Does It Take To Receive Money From Flutterwave?

To receive money from Flutterwave, you have to wait for a few days to months depending on the country, that is your business location and whether or not the payment was local or international.

What this means is that “If a business in Ghana receives an international payment through Flutterwave on their website when they sign into their Flutterwave dashboard, the payment will be available in their Ledger Balancebut not their Available Balance. The payment will be subsequently moved to their Available Balance or paid directly into the business bank account within 5 days from when the payment was made. This merchant’s settlement cycle is thus T+5.” – Flutterwave.

Best Ways to Make Money With Flutterwave

Here are the best ways to make money with flutterwave.

1. Affiliate Marketing 

One of the best ways to make money with Flutterwave is through affiliate marketing. It helps you earn money from your referrals based on commission. Your only job is to recommend these Flutterwave services to potential users with a traceable affiliate code. When any of these users activate and make transactions, you earn commissions while sitting at home.

Isn’t that cool? You keep earning income even while you sleep.

How to begin;

1. Sign up or Log in to your account.
2. On the overview section click on “referrals”.
3. Then click on “copy your referral link”. 
4. Send this link to all business owners you know. 

Note: You might need to tell them a little about how flutterwave works for them to be interested in signing up.

2. Creating a Store for Your Freelance or E-Commerce Business 

This is another good way to make money with flutterwave. Flutterwave store is an easy way to own and manage your e-Commerce business. It provides you with the benefits of having an online business store without creating a website. In essence, you can make more sales.

For example: Let’s say you acquire a maximum of 50 customers monthly through your physical store or personal social media pages. When you create a store on flutterwave, you can get more customers outside your contact lists and visibility. Hence, creating a flutterwave store gives you access to the global market. Even more, it brings businesses online with minimal hassle.

How to begin;

1. Sign in to your dashboard and select “Store”.
2. On the store page, click “setup my store”.
3. Edit the store name to a name you want to use.
4. Enter your “store description” and “URL” if necessary.
5. Click complete “Set up” and your store link will be generated and displayed on the dashboard. (You can share this link with your prospective customers and also add it to your social media pages).
6. Next, add your products by clicking “Add products”.
7. Fill in the details of your new products. Your product will immediately be displayed on the dashboard.

3. Using Flutterwave to Receive Payments

Flutterwave provides you with an easy way to receive payments from anywhere in the world with card payments, bank accounts, USSD, and more. You don’t need to worry about losing any sales because of a payment issue. With the flutterwave payment link, you have the opportunity to increase your business income.

How to begin;

1. In your Flutterwave dashboard, go to the Payment Links page and select “Create Payment Link”.
2. For a single payment, select “Single Charge” while for a payment plan select “Recurring Charge”.
3. Fill in details of the payment; if you wish to allow your customers to specify the amount to be paid, leave the “Amount field” empty, otherwise, fill in a specific amount. 
4. Then, select “Create Link” to create the link to your payment page.

The payment link will be on your dashboard. Copy and share the link with your clients for them to make payments using their cards, bank accounts, USSD, etc., as applicable.

4. Flutterwave as Your Mobile POS

Currently, people in Africa, especially Nigeria are making money with the POS business. Although the business is rampant so getting a physical POS might be a little difficult. But with flutterwave, you can have a mobile POS. The flutterwave mobile performs the function of a cash register and physical POS machine. That is, you can accept payments from your customers, issue receipts, and also keep sales records. In summary, flutterwave mobile turns your mobile phone into your personal POS, online store, and general mobile business headquarter.

How to begin;

1. Download the app from Play or Apple Store.
2. Sign in by filling in your details.
3. Proceed to the home page section and select “POS”.
4. Select how to want to receive payment. E.g USSD, debit card, and others.
5. If you selected “Debit/Credit Card”, Scan the “QR code” provided.

Flutterwave’s global settlement schedule

Here is a table showing the global settlement schedule of Flutterwave.

Conclusion

In conclusion, opening an account with Flutterwave will enhance the payment processes or other transactions of your business. We also mentioned that not only can you use Flutterwave for payments, you can also use it for your affiliate marketing, creating an online store, etc. Hopefully with all the information here, you will be able to open an account and perform other functions with Flutterwave.

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